Eminence Enterprise Limited provided unaudited consolidated earnings guidance for the year ended March 31, 2021. For the period, the company is expected to report a net loss of not less than HKD 130.0 million as compared with the net loss of approximately HKD 206.2 million for the year ended 31 March 2020, owing considerably to the impact of the worldwide outbreak of the novel coronavirus pandemic. The expected decrease in loss was mainly attributable to decrease in fair value losses of investment properties and properties held for development for sale; net reversal of impairment loss on loans receivable; and net gain on changes in fair value of financial assets through profit and loss during the year. Such decrease in loss was partially offset by net loss on modification of terms of convertible notes during the year; and gain on disposal of subsidiary recognized in last year.